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Climate Tech and how SMEs are leading the way

It’s clear that Environmental, Social and Governance (ESG) is becoming ubiquitous. Many companies, regardless of their size and sector are now embracing these values and tracking those KPIs.

October 2021

Green energy

It’s clear that Environmental, Social and Governance (ESG) is becoming ubiquitous. Many companies, regardless of their size and sector are now embracing these values and tracking those KPIs.

Within the investment world, cleantech - and now the newer and more encompassing term climate tech - is fast becoming one of the hottest areas investors of all shapes and sizes are currently talking about and investing in. Many SMEs are tackling this area across a wide number of sectors; energy, real estate, manufacturing, analytics & behaviour change, transport and the agricultural industry. In this article, I’ve provided a number of examples of SMEs and early-stage companies addressing some of these issues.

Hello Energy is a solution based in the Netherlands enabling real estate stakeholders to create energy-positive buildings, using sustainability data and behavioural change. The founding team operates on the premise that the only way to achieve net-zero, is to engage all stakeholders; from property managers, to real estate controllers, to tenants. It’s hard to argue against involving all stakeholders to combat climate change.

The number of companies focusing on reducing Scope 3 emissions is prominent across the procurement process. CarbonCloud's platform helps food brands understand their climate footprint - from farm to fork. The aim is that transparent climate labels will help end consumers buy more wisely, working with brands such as Oatly, Sproud and Nude.

Building a Circular Economy, including recycling, is a core focus area of the European Green Deal. Recycleye has the capability to reinvent this manual, labour intensive process with their AI-led computer vision solution; capable of classifying and sorting materials, objects and even brands in waste streams. It’s solution has come at an important time, as the UK is forced into contingency planning with China’s waste import ban of 2018.

Driven by positive consumer perception, an increased amount of choice, and government incentives, sustainable mobility is also on the rise. Einride is the first end-to-end electric, autonomous transport vehicle to operate on a public road, whereas northvolt designs and manufactures batteries with an 80% lower carbon footprint compared to those made using fossil fuels.

With the 2030 Paris Agreement looming, these companies, and many others, represent a significant opportunity to get ahead and show what can be achieved.

London Accountant

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